The credit protocol saw a peak in real-world assets two years ago. Now, it is looking to revive the market.
Loans News
- 4669
A deep-rooted distrust toward banks in many developed countries subsists, so crypto and fintech firms will first need to regain their trust.
5819Block Earner says a recent federal court decision over its Earner and Access products carries “nuanced implications” for the broader crypto industry in Australia.
9352Real-world asset tokenization advances in Italy, where the distressed loan market has ballooned to hundreds of billions of euros.
1942The crypto industry experienced a significant number of security incidents in 2023 but is exploring new approaches to fight back against attackers and protect firms’ public images.
11317The average APR offered by blockchain credit protocols is 9.65% compared to an average personal loan interest rate of 11.5%, data shows.
6062After moving to nominated proof-of-stake, an RWA-focused blockchain platform has reached a notable milestone in its journey.
18729Spurred on by user requests, Bitcoin lending firm Ledn is rolling out an Ethereum yield product.
4064Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted the issuance of new loans in May.
7480The new service, called Economic Exploit Analysis, uses University of Toronto research and will work on any EVM-compatible blockchain.
7691BlockFi argues its creditors, not FTX’s, are the “ultimate victims” of FTX’s alleged fraud.
5536Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit.
13311Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount.
2963A Curve Finance hack sparked a sharp sell-off, and while DeFi traders stepped in to support CRV, the possibility of a contagion-level event remains.
3164A decentralized finance borrower used a nonfungible token representing a luxury watch to take out a $35,000 loan.
5571